Anhui Shenjian New Materials (002361.SZ) received a decision not to conduct further review in the antitrust investigation of business concentration.
Shenjian Co., Ltd. (002361.SZ) issued an announcement, stating that the company recently received a document from the State Administration for Market Regulation.
Anhui Shenjian New Materials (002361.SZ) announced that the company has recently received a decision from the State Administration for Market Regulation on the further review of the anti-monopoly examination of the acquisition of Anhui Shenjian New Materials Co., Ltd. by Wuhu Yuanda Entrepreneurship Investment Co., Ltd. The decision stated that, after a preliminary review, it has been decided that no further review will be conducted. The company can proceed with the acquisition starting from today. This case involves other matters beyond the scope of the anti-monopoly examination, which will be handled in accordance with relevant laws.
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